PPL.TO vs. TLT
Compare and contrast key facts about Pembina Pipeline Corporation (PPL.TO) and iShares 20+ Year Treasury Bond ETF (TLT).
TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PPL.TO or TLT.
Key characteristics
| PPL.TO | TLT | |
|---|---|---|
| YTD Return | 34.05% | -5.60% |
| 1Y Return | 40.69% | 6.12% |
| 3Y Return (Ann) | 18.50% | -12.04% |
| 5Y Return (Ann) | 10.71% | -5.81% |
| 10Y Return (Ann) | 9.20% | -0.28% |
| Sharpe Ratio | 3.60 | 0.31 |
| Sortino Ratio | 4.81 | 0.54 |
| Omega Ratio | 1.66 | 1.06 |
| Calmar Ratio | 3.79 | 0.10 |
| Martin Ratio | 29.85 | 0.76 |
| Ulcer Index | 1.36% | 6.13% |
| Daily Std Dev | 11.23% | 14.86% |
| Max Drawdown | -68.76% | -48.35% |
| Current Drawdown | -1.77% | -41.18% |
Correlation
The correlation between PPL.TO and TLT is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PPL.TO vs. TLT - Performance Comparison
In the year-to-date period, PPL.TO achieves a 34.05% return, which is significantly higher than TLT's -5.60% return. Over the past 10 years, PPL.TO has outperformed TLT with an annualized return of 9.20%, while TLT has yielded a comparatively lower -0.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PPL.TO vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pembina Pipeline Corporation (PPL.TO) and iShares 20+ Year Treasury Bond ETF (TLT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PPL.TO vs. TLT - Dividend Comparison
PPL.TO's dividend yield for the trailing twelve months is around 4.63%, more than TLT's 4.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPL.TO Pembina Pipeline Corporation | 4.63% | 5.83% | 5.57% | 6.57% | 8.37% | 4.90% | 5.53% | 4.48% | 4.52% | 5.97% | 4.06% | 4.40% |
TLT iShares 20+ Year Treasury Bond ETF | 4.07% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
PPL.TO vs. TLT - Drawdown Comparison
The maximum PPL.TO drawdown since its inception was -68.76%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for PPL.TO and TLT. For additional features, visit the drawdowns tool.
Volatility
PPL.TO vs. TLT - Volatility Comparison
Pembina Pipeline Corporation (PPL.TO) and iShares 20+ Year Treasury Bond ETF (TLT) have volatilities of 5.24% and 5.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.